S&P Global Ratings

Shares of JPMorgan, which climbed 44% this year, recently got a bump as investors bet that Donald Trump’s incoming presidential administration will seek to ease regulation, juicing banks’ profits.

Analyst Ong Hwee Yee has also kept her "BBB" rating as she believes SingPost has the "flexibility" to reduce its debt.

SingPost announced on Nov 1 the acquisition of BEX Group for a maximum consideration of A$210 million ($185.19 million).

Fitch’s downgrade of the US sovereign follows the cut by S&P in 2011.

China’s relaxation of its Covid-19 policies provides favourable headwinds for its IPP segment which has faced depressed volumes.

Analyst Pauline Chew expects elevated leverage to persist over the next three years, driven partially by segmental weakness.

As at 9.33am, shares in Singtel are trading 1 cent higher or 0.4% up at $2.42.

The rating on CMT reflects the agency’s view of the REIT’s leading-market position following its merger with CCT.

"Already, we forecast credit losses of about US$2.1 trillion ($2.89 trillion) for 2020 and 2021," say S&P Global Ratings analysts.

SINGAPORE (Aug 1): In yet another blow to Singapore’s biggest telco, S&P Global Ratings has cut Singapore Telecommunications’ outlook to “negative”, citing more intense regional competition and increasing cash needs for capital expenditure and div